£340,530
This estimated value is based upon the latest sale price for the house of £205,000 on 12 Jul 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £205,000 | 12 Jul 2013 |
| £178,950 | 6 Mar 2006 |
| £157,000 | 31 Oct 2003 |
| £64,000 | 5 Jul 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 84 sq meters or 904 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in July 2013 the House Price Index for GREATER MANCHESTER was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £205,000 results in an estimated price of approximately £340,530.
| 12 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £205,000 | £135,530 | £340,530 |
The Postcode Pricing Model uses changes in average sales price within the M33 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 62.262 % | £127,637 | £332,637 |
| 3 Month Average | 62.854 % | £128,850 | £333,850 |
| 6 Month Average | 68.591 % | £140,611 | £345,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £588,716 | £580,000 | 112 DERBYSHIRE ROAD SOUTH |
| 17 Mar 2023 | £439,137 | £435,000 | 115 DERBYSHIRE ROAD SOUTH |
| 23 Jan 2023 | £482,726 | £485,000 | 84 DERBYSHIRE ROAD SOUTH |
| 6 Jan 2023 | £796 | £800 | 16 NORTH PARADE |
| 29 Sep 2022 | £1,240 | £1,250 | 130 DERBYSHIRE ROAD SOUTH |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 26 Mar 2013. Using an estimated price of £340,530 means this house is valued at £4,053 per sq meter (£376 per sq foot).
The average size of a house on FORBES CLOSE is 100 sq meters (1,080 sq feet).